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Business News

Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says

Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says

By Max Zahn, ABC NewsMay 21, 2026 at 5:05 pm CDT

What rising bond yields mean for mortgages and credit card rates

What rising bond yields mean for mortgages and credit card rates

Court rules in favor of OpenAI and Sam Altman in lawsuit brought by Elon Musk

Court rules in favor of OpenAI and Sam Altman in lawsuit brought by Elon Musk

Takeaways from Fed Chair Jerome Powell's tenure as he steps down

Takeaways from Fed Chair Jerome Powell's tenure as he steps down

Dow crosses 50,000 as investors eye Trump-Xi summit

Dow crosses 50,000 as investors eye Trump-Xi summit

Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe

Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe

Inflation jumps to its highest level in three years

Inflation jumps to its highest level in three years

Soaring fuel costs draw attention to higher prices at name-brand gas stations

DOJ reaches $30 million deal with PayPal over minority-owned business program

DOJ reaches $30 million deal with PayPal over minority-owned business program

Inflation report to show latest prices as fuel costs surge amid Iran war

Inflation report to show latest prices as fuel costs surge amid Iran war

Jobs report showed hiring slowed, but exceeded expectations

Jobs report showed hiring slowed, but exceeded expectations

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